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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number: 811-22043
Invesco Dynamic Credit Opportunities Fund
(Exact name of registrant as specified in charter)
11 Greenway Plaza, Suite 1000 Houston, Texas 77046
(Address of principal executive offices) (Zip code)
Jeffrey H. Kupor, Esquire
11 Greenway Plaza, Suite 1000 Houston, Texas 77046
(Name and address of agent for service)
Copy to:
Joseph Benedetti, Esquire
Invesco Advisers, Inc.
11 Greenway Plaza, Suite 1000
Houston, TX 77046
Registrant’s telephone number, including area code: (713) 626-1919
Date of fiscal year end: 2/29
Date of reporting period: 7/01/19 – 6/30/20
Form N-PX is to be used by a registered management investment company, other than a small business investment company registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than August 31 of each year, containing the registrant’s proxy voting record for the most recent twelve-month period ended June 30, pursuant to section 30 of the Investment Company Act of 1940 and rule 30b1-4 thereunder (17 CFR 270.30b1-4). The Commission may use the information provided on Form N-PX in its regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-PX, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-PX unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.
******************************* FORM N-Px REPORT *******************************
ICA File Number: 811-22043
Reporting Period: 07/01/2019 - 06/30/2020
Invesco Dynamic Credit Opportunities Fund
=Invesco Dynamic Credit Opportunities Fund======================================
C&J Energy Services, Inc.
Ticker: CJ Security ID: 12674R100
Meeting Date: OCT 22, 2019 Meeting Type: Special
Record Date: SEP 18, 2019
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Merger Agreement For For Management
2 Advisory Vote on Golden Parachutes For For Management
3 Adjourn Meeting For For Management
--------------------------------------------------------------------------------
Caesars Entertainment Corporation
Ticker: CZR Security ID: 127686103
Meeting Date: JUL 2, 2019 Meeting Type: Annual
Record Date: MAY 6, 2019
# Proposal Mgt Rec Vote Cast Sponsor
1a Elect Director Thomas Benninger For For Management
1b Elect Director Juliana Chugg For For Management
1c Elect Director Keith Cozza For For Management
1d Elect Director John Dionne For For Management
1e Elect Director James Hunt For For Management
1f Elect Director Courtney R. Mather For For Management
1g Elect Director Anthony Rodio For For Management
1h Elect Director Richard Schifter For For Management
2 Advisory Vote to Ratify Named Executive For For Management
Officers' Compensation
3 Advisory Vote on Say on Pay Frequency One Year One Year Management
4 Ratify Deloitte & Touche LLP as Auditor For For Management
5 Provide Right to Call Special Meeting For For Management
6 Amendment to the Company's Charter to R For For Management
estrict the Company's Ability to Adopt
Any "Rights Plan" or "Poison Pill"
--------------------------------------------------------------------------------
Caesars Entertainment Corporation
Ticker: CZR Security ID: 127686103
Meeting Date: NOV 15, 2019 Meeting Type: Special
Record Date: OCT 4, 2019
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Merger Agreement For For Management
2 Advisory Vote on Golden Parachutes For For Management
3 Adjourn Meeting For For Management
--------------------------------------------------------------------------------
Clear Channel Outdoor Holdings, Inc.
Ticker: CCO Security ID: 18453H106
Meeting Date: MAY 19, 2020 Meeting Type: Annual
Record Date: MAR 23, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director John Dionne For For Management
1.2 Elect Director Andrew Hobson For For Management
1.3 Elect Director Joe Marchese For For Management
2 Advisory Vote to Ratify Named Executive For Against Management
Officers' Compensation
3 Ratify Ernst & Young LLP as Auditors For For Management
--------------------------------------------------------------------------------
iHeartMedia, Inc.
Ticker: IHRT Security ID: 45174J509
Meeting Date: JUN 15, 2020 Meeting Type: Annual
Record Date: APR 22, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Gary Barber For For Management
1.2 Elect Director Brad Gerstner For For Management
2 Ratify Ernst & Young LLP as Auditors For For Management
3 Advisory Vote to Ratify Named Executive For For Management
Officers' Compensation
--------------------------------------------------------------------------------
NexTier Oilfield Solutions Inc.
Ticker: NEX Security ID: 65290C105
Meeting Date: JUN 18, 2020 Meeting Type: Annual
Record Date: APR 23, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1A Elect Director Robert W. Drummond For For Management
1B Elect Director Stuart Brightman For For Management
1C Elect Director Gary M. Halverson For For Management
1D Elect Director Patrick Murray For For Management
1E Elect Director Amy H. Nelson For For Management
1F Elect Director Mel G. Riggs For For Management
1G Elect Director Michael Roemer For For Management
1H Elect Director James C. Stewart For For Management
1I Elect Director Scott Wille For For Management
2 Ratify KPMG LLP as Auditors For For Management
3 Advisory Vote to Ratify Named Executive For For Management
Officers' Compensation
4 Approve Reverse Stock Split For For Management
--------------------------------------------------------------------------------
Nobina AB
Ticker: NOBINA Security ID: W5750K119
Meeting Date: MAY 28, 2020 Meeting Type: Annual
Record Date: MAY 22, 2020
# Proposal Mgt Rec Vote Cast Sponsor
10 Approve Remuneration of Directors in th For Against Management
e Amount of SEK 900,000 for Chairman an
d SEK 450,000 for Other Directors; Appr
ove Remuneration for Committee Work; Ap
prove Remuneration of Auditors
11 Reelect John Allkins, Graham Oldroyd, L For For Management
iselott Kilaas, Bertil Persson and Joha
n Bygge (Chair) as Directors; Ratify Pr
icewaterhouseCoopers as Auditors
12 Authorize Chairman of Board and Represe For For Management
ntatives of Three of Company's Largest
Shareholders to Serve on Nominating Com
mittee
13 Approve Remuneration Policy And Other T For For Management
erms of Employment For Executive Manage
ment
14.a Approve Performance Share Savings Plan For For Management
14.b Approve Repurchase and Transfer of Shar For For Management
es in Connection with Performance Share
Savings Plan
14.c Approve Transfer of Shares to Participa For For Management
nts of Performance Share Savings Plan
14.d Approve Alternative Equity Plan Financi For Against Management
ng
15 Approve Creation of Pool of Capital wit For For Management
hout Preemptive Rights
16 Amend Articles of Association Re: Parti For For Management
cipation at General Meeting
2 Elect Chairman of Meeting For For Management
3 Prepare and Approve List of Shareholder For For Management
s
4 Approve Agenda of Meeting For For Management
5 Designate Inspector(s) of Minutes of Me For For Management
eting
6 Acknowledge Proper Convening of Meeting For For Management
8.a Accept Financial Statements and Statuto For For Management
ry Reports
8.b Approve Allocation of Income and Omissi For For Management
on of Dividends
8.c Approve Discharge of Board and Presiden For For Management
t
9 Determine Number of Members (5) and Dep For For Management
uty Members (0) of Board; Determine Num
ber of Auditors (1) and Deputy Auditors
(0)
--------------------------------------------------------------------------------
Pacific Drilling SA
Ticker: PACD Security ID: L7257P205
Meeting Date: JUN 2, 2020 Meeting Type: Annual
Record Date: APR 3, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Financial Statements For For Management
10 Advisory Vote on Say on Pay Frequency One Year One Year Management
11 Renew Appointment of KPMG LLP and KPMG For For Management
Luxembourg as Auditor
2 Approve Consolidated Financial Statemen For For Management
ts
3 Approve Allocation of Income and Divide For For Management
nds
4 Approve Discharge of Directors For For Management
5 Approve Resignations of Daniel Han and For For Management
Edward H. Burdick as Directors
6 Approve Confirmation to Appoint Bouk va For For Management
n Geloven as Class B Director
7 Approve Remuneration of Class A Directo For For Management
rs
8.1 Reelect W. Matt Ralls as Director For Against Management
8.2 Reelect Bouk van Geloven as Director For For Management
8.3 Reelect Donald Platner as Director For For Management
8.4 Reelect Kiran Ramineni as Director For For Management
8.5 Reelect John V. Simon as Director For For Management
8.6 Reelect David N. Weinstein as Director For For Management
8.7 Reelect Bernie G. Wolford Jr. as Direct For For Management
or
9 Advisory Vote to Ratify Named Executive For For Management
Officers' Compensation
--------------------------------------------------------------------------------
Transocean Ltd.
Ticker: RIG Security ID: H8817H100
Meeting Date: MAY 7, 2020 Meeting Type: Annual
Record Date: APR 20, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statuto For For Management
ry Reports
10 Advisory Vote to Ratify Named Executive For For Management
Officers' Compensation
11A Approve Maximum Remuneration of Board o For For Management
f Directors for the Period Between the
2020 and 2021 Annual General Meetings i
n the Amount of USD 4.12 Million
11B Approve Maximum Remuneration of the Exe For For Management
cutive Management Team for Fiscal Year
2021 in the Amount of USD 24 Million
12 Amend Omnibus Stock Plan For For Management
2 Approve Discharge of Board and Senior M For For Management
anagement
3 Appropriation of Available Earnings for For For Management
Fiscal Year 2019
4 Approve the Renewal of Authorized Share For For Management
Capital without Preemptive Rights
5A Elect Director Glyn A. Barker For For Management
5B Elect Director Vanessa C.L. Chang For For Management
5C Elect Director Frederico F. Curado For For Management
5D Elect Director Chadwick C. Deaton For For Management
5E Elect Director Vincent J. Intrieri For For Management
5F Elect Director Samuel J. Merksamer For For Management
5G Elect Director Frederik W. Mohn For For Management
5H Elect Director Edward R. Muller For For Management
5I Elect Director Diane de Saint Victor For For Management
5J Elect Director Tan Ek Kia For For Management
5K Elect Director Jeremy D. Thigpen For For Management
6 Elect Chadwick C. Deaton as Board Chair For For Management
man
7A Appoint Glyn A. Barker as Member of the For For Management
Compensation Committee
7B Appoint Samuel J. Merksamer as Member o For For Management
f the Compensation Committee
7C Appoint Tan Ek Kia as Member of the Com For For Management
pensation Committee
8 Designate Schweiger Advokatur / Notaria For For Management
t as Independent Proxy
9 Appointment Of Ernst & Young LLP as Ind For For Management
ependent Registered Public Accounting F
irm for Fiscal Year 2020, and Reelectio
n of Ernst & Young Ltd, Zurich as the C
ompany's Auditor for a Further One-Year
Term
--------------------------------------------------------------------------------
Tribune Publishing Company
Ticker: TPCO Security ID: 89609W107
Meeting Date: MAY 21, 2020 Meeting Type: Annual
Record Date: MAR 27, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Carol Crenshaw For For Management
1.2 Elect Director Philip G. Franklin For For Management
1.3 Elect Director Terry Jimenez For For Management
1.4 Elect Director Christopher Minnetian For For Management
1.5 Elect Director Dana Goldsmith Needleman For For Management
1.6 Elect Director Richard A. Reck For For Management
2 Advisory Vote to Ratify Named Executive For For Management
Officers' Compensation
3 Ratify Ernst & Young LLP as Auditors For For Management
--------------------------------------------------------------------------------
Twin River Worldwide Holdings, Inc.
Ticker: TRWH Security ID: 90171V204
Meeting Date: MAY 19, 2020 Meeting Type: Annual
Record Date: MAR 23, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director George T. Papanier For Withhold Management
1.2 Elect Director Jeffrey W. Rollins For Withhold Management
2 Ratify Deloitte & Touche, LLP as Audito For For Management
rs
--------------------------------------------------------------------------------
Vistra Energy Corp.
Ticker: VST Security ID: 92840M102
Meeting Date: APR 29, 2020 Meeting Type: Annual
Record Date: MAR 16, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1 Declassify the Board of Directors For For Management
2.1 Elect Director Hilary E. Ackermann For For Management
2.10 Elect Director John R. (JR) Sult For For Management
2.2 Elect Director Arcilia C. Acosta For For Management
2.3 Elect Director Gavin R. Baiera For For Management
2.4 Elect Director Paul M. Barbas For For Management
2.5 Elect Director Lisa Crutchfield For For Management
2.6 Elect Director Brian K. Ferraioli For For Management
2.7 Elect Director Scott B. Helm For For Management
2.8 Elect Director Jeff D. Hunter For For Management
2.9 Elect Director Curtis A. Morgan For For Management
3.1 Elect Director Gavin R. Baiera For For Management
3.2 Elect Director Scott B. Helm For For Management
3.3 Elect Director Curtis A. Morgan For For Management
3.4 Elect Director John R. (JR) Sult For For Management
4 Advisory Vote to Ratify Named Executive For For Management
Officers' Compensation
5 Ratify Deloitte & Touche LLP as Auditor For For Management
s
========== END NPX REPORT
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND
| | |
By (Signature and Title)* | | /s/ Sheri Morris |
| | Sheri Morris |
| | Principal Executive Officer |
Date August 13, 2020
* | Please print the name and title of the signing officer below the signature |